PCE prices rose 0.4% in April; core PCE 3.3% from a year earlier

The Bureau of Economic Analysis said the PCE price index rose 0.4% in April 2026 and was up 3.8% from a year earlier. The core index, the Federal Reserve's preferred inflation gauge, rose 0.2% on the month and 3.3% on the year.

• PCE price index rose 0.4% in April; 3.8% from a year earlier
• Core PCE price index rose 0.2% in April; 3.3% from a year earlier
• Real consumer spending rose 0.1% in April
• Computed from the seasonally adjusted indexes as published on the release date (ALFRED vintage)